Pangrazio Joseph 4

What Happened
Joseph Pangrazio, Chief Accounting Officer of HANMI Financial Corp. (HAFC), had 148 shares disposed/withheld to satisfy an exercise price or tax liability on 2026-04-01. The shares were valued at $26.60 each for a total of $3,937. This was a withholding to cover tax or exercise obligations (code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-06 (filed late vs. the usual two-business-day requirement).
• Price per share: $26.60; shares withheld/disposed: 148; total value: $3,937.
• Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for the “owned after” amount.
• Transaction code F: indicates payment of exercise price or tax liability by delivering or withholding securities (often a tax withholding on option exercises or vested awards).
• Filing timeliness: late filing may reduce immediate transparency but does not by itself indicate wrongdoing.

Context
Withholdings to cover taxes or exercise costs are routine and commonly occur when options are exercised or restricted stock vests. Because the shares were withheld to satisfy tax/exercise obligations (not sold on the open market), this transaction should not be interpreted as a straightforward bearish insider sale. Check the full Form 4 for related option exercise or award details if you want the complete picture.